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Hengtong Logistic CoSHSE:603223 -0.38%61 Days Payable is 107.05 as of Mar. 2026, which is 973% above its 10-year median of 9.98. GuruFocus rates SHSE:603223 with a GF Score™ of 61/100 and a GF Value™ of ¥7.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 970 Transportation companies, Hengtong Logistic Co ranks better than 84.74% on this metric.
The historical rank and industry rank for Hengtong Logistic Co's Days Payable or its related term are showing as below:
SHSE:603223'
s Days Payable Range Over the Past 10 Years
Min: 6.83 Med: 9.98 Max: 150.17
Current: 120.46
During the past 13 years, Hengtong Logistic Co's highest Days Payable was 150.17. The lowest was 6.83. And the median was 9.98.
SHSE:603223's Days Payable is ranked better than 84.74% of 970
companies
in the Transportation industry
Industry Median: 38.36
vs SHSE:603223: 120.46
Hengtong Logistic Co's Days Payable
declined
from Mar. 2025 (195.30) to Mar. 2026 (107.05).
It may suggest that Hengtong Logistic Coaccelerated paying its suppliers.
The historical data trend for Hengtong Logistic Co's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:603223 vs ODFL, XPO, KNX: Days Payable Comparison
For the Trucking subindustry, Hengtong Logistic Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hengtong Logistic Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Hengtong Logistic Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hengtong Logistic Co's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Hengtong Logistic Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hengtong Logistic Co (SHSE:603223) has a Days Payable of 107.05 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hengtong Logistic Co and its competitors. This is 973% above median its historical median of 9.98. Over the past decade, Hengtong Logistic Co's Days Payable has ranged from 6.83 to 150.17. According to the industry distribution chart, Hengtong Logistic Co ranks #148 out of 970 companies in the Transportation industry, placing it in the top 15.3%.
Is Hengtong Logistic Co's Days Payable too high?
Hengtong Logistic Co's current Days Payable of 107.05 is 973% above median its 10-year median of 9.98. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 150.17. The Transportation industry median Days Payable is 38.36. Hengtong Logistic Co's value of 107.05 is 179.1% above this industry median. Based on the distribution chart, Hengtong Logistic Co ranks #148 out of 970 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hengtong Logistic Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengtong Logistic Co's Days Payable compare to ODFL and XPO?
According to the Transportation industry distribution chart, Hengtong Logistic Co ranks #148 out of 970 companies for Days Payable. This places Hengtong Logistic Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.36. Hengtong Logistic Co's value of 107.05 is 179.1% above this benchmark. Historically, Hengtong Logistic Co's own Days Payable has ranged from 6.83 to 150.17 over the past decade. While the company's 10-year median is 9.98 vs. the industry median of 38.36, Hengtong Logistic Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.36, based on 970 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hengtong Logistic Co's current Days Payable of 107.05 is 179.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hengtong Logistic Co and its competitors. For the Transportation industry, the median Days Payable is 38.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengtong Logistic Co's current Days Payable is 107.05, which is 973% above median its own 10-year median of 9.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengtong Logistic Co stock overvalued right now?
Based on GuruFocus' analysis, Hengtong Logistic Co (SHSE:603223) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.32, compared to a current price of ¥10.46 — trading 42.9% above its estimated fair value. The current Days Payable is 107.05, which is 973% above median its 10-year median of 9.98 and 179.1% above the Transportation industry median of 38.36. Hengtong Logistic Co's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hengtong Logistic Co (SHSE:603223), the current Days Payable is 107.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hengtong Logistic Co (SHSE:603223) Overvalued in 2026?
Based on GuruFocus' analysis, Hengtong Logistic Co stock appears to be overvalued.
The current stock price of ¥10.46 is trading 42.9% above its estimated GF Value™ of ¥7.32.
GuruFocus considers Hengtong Logistic Co to be Significantly Overvalued.
Key valuation signals for SHSE:603223:
Days Payable: 107.05 (973% above median its 10-year median of 9.98)
GF Value™: ¥7.32 vs. price of ¥10.46 (42.9% above fair value)
Industry Position: 179.1% above the Transportation median (#148 of 970)
No single metric tells the full story. See the SHSE:603223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.
61GF Score
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